Outsourcing- an indispensable tool for Small
Businesses
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A small business owner is a
busy man! Added to that, his
business is always riding on a
loss- profit seesaw. It’s a
roller coaster ride, where
down is always faster than up.
The risk factor has to be
contended with. Every single
decision made can make it or
break it. The stress is high.
So is the workload.
Every small business owner
aims to expand and grow. The
entire process will not only
be time-consuming but will
take up a great deal of energy
and resources that may very
well be invested elsewhere.
This would adversely impinge
on the decision making process
as well as deter the focus
from core competencies and
expansion procedures. It is
this necessity for continuous
growth amidst piling up work,
which is much more than the
employees can be expected to
perform, that makes
outsourcing an indispensable
tool for small businesses.
Outsourcing involves finding
the right vendor and
establishing a well-planned
and organized working
relationship.
Launch an outsourcing
partnership with offshore
experts who can provide
quality services using the
latest methodologies, in an
efficient and timely manner,
at the same time cutting costs
to a bare minimum.
This not only facilitates
completion of work on time but
the result is good quality,
less expenditure and the time
at hand to concentrate on core
competencies, stabilizing the
business and taking the first
step towards expansion. Hence,
Outsourcing is any Small
business owners’ best bet!
Today, Small businesses can
tap offshore software services
vendors for a range of
services. For instance,
functions such as customer
service, technical support,
HR, Finance, Law, IT,
security, data entry, book
keeping, accounting and more,
may successfully be
outsourced. It is always a
good idea to hold on to the
core operations of your
business and outsource the
not-so-strategic functions.
Read more here
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Outsourcing News and Top
Outsourcing deals
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Deadline Approaching for
Outsourcing Awards
Nominations
The nominations deadline
is fast approaching for
the "Oscars of
Outsourcing" -- the 2007
Outsourcing Excellence
Awards. The annual awards
program, produced by the
Everest Group's
Outsourcing Center, will
recognize winners in eight
categories, each
demonstrating how
companies leverage
successful outsourcing
relationships to address
their strategic objectives
Read
more
Benefits of
outsourcing sales,
marketing : Report
Based on the findings of
an empirical study of the
prevalence of practices,
and its consequent impact
on meeting performance
objectives, the report
aims to identify best
practices in outsourcing
sales and marketing tasks
that increase efficiency
and effectiveness of the
CPG industry.
Read
more
US pharma plans $500 mn
R&D unit
The US-based Creative Choice
Group (CCG), a $500 million
company, will set up the
country’s first outsourced
pharmaceutical research and
development (R&D) facility
with an initial investment of
$500 million in Gujarat or
Maharashtra.
Read more
IBM Wins Outsourcing Deals
From Cigna, Vodafone
Health insurer Cigna has tapped IBM to maintain and operate the computing
infrastructure for its
Connecticut General Life
subsidiary, Cigna
disclosed in a regulatory
filing late Wednesday.
Read
more
Victorian utility inks five year outsourcing deal
Victoria's largest
electricity distributor,
Powercor-CitiPower has
extended its information
technology services
contract, worth $17.8
million, with CSC for
another five years. The
utility provides services
to 930,000 customers in
the Melbourne CBD, inner
suburbs, and in Central
and Western Victoria.
Read
more
Increasingly, European Firms Join The BPO Fiesta
The spending by European firms on BPO services, such as, financial services,
procurement and customer care is set to rise to Euro 18.9-billion by 2011, from
the current Euro 11-billion in 2006, reflecting a 5-year compounded annual
growth rate of 11.5%.
Read
more
DIMA Inks Outsourcing Deal
With IBM
The federal Department of
Immigration and
Multicultural Affairs (DIMA)
has signed a three-year,
$149 million contract with
IBM as a part of the
department’s four-year
Systems for People
project.The project will
give DIMA staff a single
view of all dealings with
its external immigration
clients.
Read
more
EDS, IBM
win Vodafone outsourcing
deals
Vodafone said the outsourcing deal was one of its biggest ever but it
didn’t reveal financial details of the contracts
Read
more
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Share your experience with us!
Please send your outsourcing
success stories to
newsletter@a1technology.com
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